i. ii. Given an interest of 12% "payable" semi-annually, find a) an effective half-yearly interest and b) a yearly, quarterly, monthly, and biennial interest, equivalent to a). Given an effective interest of 12 %, find a half-yearly interest equivalent to 12% per annum, and b) a nominal interest related to this semiannually interest found.

i. ii. Given an interest of 12% "payable" semi-annually, find a) an effective half-yearly interest and b) a yearly, quarterly, monthly, and biennial interest, equivalent to a). Given an effective interest of 12 %, find a half-yearly interest equivalent to 12% per annum, and b) a nominal interest related to this semiannually interest found.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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1. Mr. M. Rogue obtains a loan of P60,000.00 to be paid by equal periodic payment at the end of each 3 months for 3 years at 8% interest compounded quarterly. How much is the periodic payment?
An obligation will be amortized by quarterly payments of P670 for 10 years, If interest is at 6% compounded quarterly, find: a, the present value of the loan;
vd subject-Accounting
Find the nominal rate compounded annually equivalent to the rate of interest of 8 % compounded quarterly.
If $1125.00 accumulates to $1248.19 in two years, six months compounded semi-annually, what is the effective annual rate of interest? The effective annual rate of interest is %.
Bass the following conditions, find the amount future, considering a amount initial of ¢600,000.00 To the 24 %, annually, interest compound for four To the 24 %, semi-annually, interest compound during five To the 24 %, quarterly basis, interest compound during five To the 24 %, monthly, interest compound during five-
11. For each annuity, calculate the future value and the interest earned. Rate of Compound Regular Interest Compounding Payment per Year Period Time a) $2500 per year 7.6% annually 12 years b) $500 every 6 months 7.2% semi-annually 9.5 years c) $2500 per quarter 4.3% quarterly 3 years
If the interest rate is 13% compunded semi-annually made on the account, and the obligations are given below: Deposit of P13,521 at the end of 3 and a half years. Withdrawal of P20,812 at the end of 5 years. Semi-annual deposit of a perpetuity of P1,200 starting at the end of 6 and a half years. Determine the following: a.) Present value of all the obligations made on the account. b.) Additional amount of withdrawal at the end of 5 years to balance the cash flows. NOTE: DO NOT USE EXCEL
Assuming a 360-day year, when a $11,200, 90-day, 5% interest-bearing note payable matures, the total payment will be Oa. $560 Ob. $140 Oc. $11,760 Od. $11,340 0 0 0 0
Determine the nominal annual rate of interest of the following ordinary general annuity. Periodic Term Conversion Period Payment $81 semi-annually Present Value $1700 Payment Interval 3 months SCCCS The nominal annual rate of interest is (Round to two decimal places as needed.) 7 years % compounded semi-annually.
A loan of $ 10,000 is amortized by equal annual payments for 30 years at an effective annual interest rate of 10 % Determine the year in which the interest portion of the payment is most nearly equal to one-half of the payment. The year that the interest portion of payment is most nearly equal to one-half of the payment= ?
Consider the following cases: Amount of Compounding Initial Stated Annual Frequency, m Deposit Case Deposit ($) Rate, r (%) (times/year) Period (years) A 2,500 6 2 5 B 50,000 12 6 3 C 1,000 5 1 10 D 20,000 16 4 6 a. Calculate the future value at the end of the specified deposit period.

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